We have a nice Bearish Harmonic pattern + an overbought Stochastic indicator + we are bouncing down from the 200 MA.
The stock crash from Feb/Mar'20 is not finished yet. we got a healthy retracement of this movement till .618 Fibonacci level. Now it's time for the second bearish impuls.
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The stock crash from Feb/Mar'20 is not finished yet. we got a healthy retracement of this movement till .618 Fibonacci level. Now it's time for the second bearish impuls.
TP: 2490
SL: 3150
Nice Risk/Reward ratio: 2.3
GL & HF ;)